Nextech AR Solutions Corp. a Metaverse Company and provider of augmented reality (“AR”) experience technologies and services has signed multiple CAD to POLY deals across a variety of industries including Brunswick Corporation (NYSE: BC), Jacuzzi Brands LLC, Ford Motor Company (NYSE: F).
With this announcement, the Company is validating it’s proprietary CAD-Poly 3D modeling technology called ARitize CAD. Nextech AR has developed a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.
ARitize CAD’s patented pending solution enables the conversion of CAD files into 3D AR models at scale at a price and quality that it believes is best in class. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world.
Now, using ARitize CAD, those files can be converted to 3D/AR models with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images. This technology creates optimized 3D meshes that are suitable for 3D and AR applications.
The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.
With the mass adoption of 3D models underway, Nextech is seeing a variety of companies from different industries that are implementing its ARitize CAD technology to create a large number of 3D/AR models at scale. This is evidenced through Nextech’s recent customer wins. These companies are highlighting their products in a new way, using technology to increase engagement in the emerging metaverse, and ultimately drive more sales.
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